Walmart (WMT) agrees to purchase 4,500 EV’s from Canoo (GOEV) shares up 100% in premarket.

https://www.cnbc.com/2022/07/12/canoo-walmart-deal-for-4500-vans-sends-ev-stock-jumping.html

Thoughts?

Does Canoo even have a product? All I can find are renders. Articles from the past few months have said that Canoo is on the verge of bankruptcy, and now we get this press release.

Something doesn't add up.